Money News

Rallying REITs Could See 20% Returns in 2010

one minute ago |DailyFinance

While the financial markets have pulled back significantly over the last several weeks, real estate investment trusts have continued to show solid gains, and they have the potential to do even better by the end of the year.

Rallying REITs Could See 20% Returns in 2010 originally appeared on DailyFinance on Sat, 12 Jun 2010 11:00:00.


Biz Brief: TARP Repayments Surpass Outstanding Loans

one minute ago |DailyFinance

TARP repayments to taxpayers have surpassed the total amount of bailout funds outstanding for the first time, says the Treasury Department. This has helped cut the cost of the bailout program.

Biz Brief: TARP Repayments Surpass Outstanding Loans originally appeared on DailyFinance on Sat, 12 Jun 2010 10:50:00.


Looks Like Reform Is Coming to the For-Profit Education Industry

one minute ago |DailyFinance

The for-profit education industry has grown rapidly for the past decade on the backs of the most vulnerable members of society. But now, with the Department of Education on track to clamp down on abuses, and the Senate planning hearings, it looks like the party may be ending.

Looks Like Reform Is Coming to the For-Profit Education Industry originally appeared on DailyFinance on Sat, 12 Jun 2010 10:00:00.


Gucci Has Designs on the Luxury Hotel Market

one minute ago |DailyFinance

The Gucci name has gone from designer leather goods to designer clothes -- now, it's getting into the hospitality business. Elisabetta Gucci Hotels, led by the daughter of designer Paolo Gucci, plans to open its first boutique hotel in Dubai this year.

Gucci Has Designs on the Luxury Hotel Market originally appeared on DailyFinance on Sat, 12 Jun 2010 10:00:00.


Las Vegas Home-Ownership Rate: Officially 59%, But Effectively 15%

one minute ago |DailyFinance

Though Las Vegas' official home-ownership rate is 59%, the "effective" rate is a dismal 15%, according to a new New York Fed report. That's because the money hurdles facing most underwater owners are so high the majority will revert to renters.

Las Vegas Home-Ownership Rate: Officially 59%, But Effectively 15% originally appeared on DailyFinance on Sat, 12 Jun 2010 09:30:00.


Why Hosting the World Cup Is a Losing Proposition for South Africa

one minute ago |DailyFinance

South Africa has some lofty expectations about the boost the World Cup will bring to its economy. Economists are skeptical that the soccer tournament will live up to those expectations and history shows that it most likely will not.

Why Hosting the World Cup Is a Losing Proposition for South Africa originally appeared on DailyFinance on Sat, 12 Jun 2010 08:00:00.


Bird Washing Won't Help and Other Hard Truths About the Oil Spill

1 hour 13 minutes ago |DailyFinance

Cash donations are pouring into the Gulf relief effort. But sadly, money won't help most of the oil-soaked brown pelicans and other wildlife. So what can concerned people do to help out?

Bird Washing Won't Help and Other Hard Truths About the Oil Spill originally appeared on DailyFinance on Sat, 12 Jun 2010 06:00:00.


Biz Brief: Buffett Lunch Auction Fetches Record $2.6 Million

8 hours 23 minutes ago |DailyFinance

What economic downturn? This year's auction lunch with financial guru Warren Buffett fetched a record bid of $2,626,311 on Friday after a frenzied battle of bids that went right down to the wire.

With less than a half hour to go, the top bid for lunch with head of Berkshire Hathaway (BRK) had grown to $1.925 million and the pace of bidding picked up in the last 10 minutes. It was assured a new...

Biz Brief: Buffett Lunch Auction Fetches Record $2.6 Million originally appeared on DailyFinance on Fri, 11 Jun 2010 22:50:00.


U.S. Launches New Probes of Apple Over iPhone

9 hours 43 minutes ago |DailyFinance

Apple is the most revered technology company on the planet for good reason, but has it become the victim of it own success? Three years after rocking the mobile phone industry with the iPhone, Apple now faces growing government scrutiny over possible anticompetitive practices.

U.S. Launches New Probes of Apple Over iPhone originally appeared on DailyFinance on Fri, 11 Jun 2010 21:30:00.


Media Flash: Forbes Selling Investopedia

12 hours 58 minutes ago |DailyFinance

Forbes Media said Friday it has hired an investment bank to explore a sale of Investopedia, the 11-year-old investor-education website it acquired in 2007.

Media Flash: Forbes Selling Investopedia originally appeared on DailyFinance on Fri, 11 Jun 2010 18:15:00.


BP Plans to Defer Dividend Until Spill Can Be Better Assessed

13 hours 59 minutes ago |DailyFinance

BP plans to place in escrow money it would have paid out as shareholder dividends until it better understands the scale of the disaster from the Gulf oil spill.

BP Plans to Defer Dividend Until Spill Can Be Better Assessed originally appeared on DailyFinance on Fri, 11 Jun 2010 17:14:00.


Under the Radar: How to Profit From a Rebound in Housing

14 hours 8 minutes ago |DailyFinance

Despite the volatility in the stock market, there are signs that the economy is getting stronger. Good news, says Hilary Kramer, for the housing market and investors.

Under the Radar: How to Profit From a Rebound in Housing originally appeared on DailyFinance on Fri, 11 Jun 2010 17:05:00.


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